4
cost price?
A dealer sold two books for 700 each. On one of the books, he made a profit of 25% and
on the other he incurred a loss of 20%. Find his profit or loss, and also determine the
profit or loss percentage.
Answers
Answered by
2
Answer:
He got Profit of 5% which is 35
Answered by
3
Answer:
S.P. of first book = 700 and profit= 25%
Therefore,
C.P. = 100×S.P./( 100+ P%)
100 × 700/( 100+25%)
= 70000/ 125
= 560
C.P.of first book is 560
S.P. of second book = 700 and loss =20%
Therefore ,
C.P. = 100× S.P./ (100-loss %)
= 100 × 700 / 100-20%
=70000/80= 875
C.P. of second book is 875
Total C.P. = 560+875= 1435
Total S.P. = 2×700= 1400
Loss = C.P. - S.P.
= 1435- 1400 = 35
Loss % = Loss / C.P.× 100
=2.43.......
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